Inflation is here not Deflation.

[foragefarmer]

Bought in to oil. Opening up trade plus inflation plus weakening USD will have a bbl of crude over $100 in a yr.

Then some climate cultists will realize we need steel, concrete and fossil fuel to build the new unicorn utopia. Inflation will put renewables into the uneconomic zone for another decade. I hope the woke retards enjoy it.

Bought uranium because eventually these idiots will realize thats the only technology to decarbonize the economy which will still take 25 yrs.

God these people are dumb as hammers.

Didn't you load up with USA dollars last summer, as you predicted the CDN dollar would crash?

Cdn dollar has been pretty stable between 78-80 cents for months now.

Now your betting the USA dollar will go down and oil will hit $100.00 in a yr.

If oil was to go to $100.00/barrel the CDN dollar would also increase.


Not sure how you trade Jazz, tough to make money on hedged investments!

But what do I know, been loading up on CDN banks the past year.

[SASKFARMER]

Well, forage I agree with you on one thing, Canadian Banks always good for a stable profit.

The Canadian dollar is a joke.

77-81 maybe so it makes transferring money fun.

[AlbertaFarmer5]

Anything to do with Uranium and nuclear are probably the best long long term investments there is right now.
Eventually reality will catch up.

[SASKFARMER]

If Sask wouldn't had a crazy man TD we would have two sites making power from Nuclear. The NDP was a black eye on Saskatchewan.

[Guest]

A neighbor is building a new house this spring. Last fall, he priced out rebar for the basement at $9000. Same rebar today is $19,000.

Cost of the house will be $475 per square foot.

The Keynesians will tell you that this inflation will stimulate the economy by encouraging people to borrow and spend before prices go up again. This is nonsense. When faced with these prices, the buyer will often take the option of saying no.

My friend who tried to price out a Zipperloc shed decided not to bother with the purchase because the price is way more than he can afford. I guess he has not read enough of Keynes.

and yet numbnuts said price gouging during covid will not be tolerated?

[jazz]

Didn't you load up with USA dollars last summer, as you predicted the CDN dollar would crash?

After the Biden election steal, the USD died. He has 4-6T more to spend on unicorns. The time to pivot was at hand. Money is leaving fiat into real assets in preparation for whats coming.

We will see if oil can float the currency again in the age of ESG or if it was decoupled permanently. The CDN peso only rises if investment comes here and Trudeau has destroyed that.

The sovereign credit market is betting on a CDN credit downgrade.

[canolacrazy]

Inflation is coming in the short term, but with the amount of debt out there, consumer and goverment, that will make the difference. when a stock market crash inevitably comes, deflation will be the result. central banks are out of bullets to stop it. that is why the fed is talking up inflation, trying to get it above 2%. they are scared to death of what will happen when the air is out of the balloon.

[SASKFARMER]

Oh, I think the stock market is in for a rough ride later in the year. Yes, Debt is a huge concern as most Canadians are up to their assholes in debt and climbing every day. Covid will create a buying spree after it is over and Canadians can get out and spend. They will that is a fact.

A big worry is the massive amount of debt of Canada, Provinces, and cities, it is insane the number.

www.Debtclock.ca

[blackpowder]

Honda dealer told me sales have been flat out since last April. Sold out.
$38,000 side by sides are hot.
What does it say when if someone isn't flat broke before payday they sign papers on that stuff?
RVs hot too.
US housing prices up 20% in places. Airbnb flat out.
And ya, the farm equipment, wow.
Something tells me we've been here before.

[SASKFARMER]

good analysis of what's going on. Ask how many are financing and how many are paying cash for the campers, boats, Sideby side, etc.